GoodLeap has closed a $389 million securitization backed by home-improvement loans it originated, the company announced October 2. Its software lets sales professionals offer homeowners financing for solar panels, batteries, HVAC systems, heat pumps, roofing, windows and other efficiency projects at the point of sale.
The financing sits inside the home-improvement sales process rather than beginning as a separate trip to a bank. GoodLeap also provides applications and developer tools that solar and home-efficiency professionals use for customer communication, business intelligence, payments and operations. For a homeowner, the purchase and loan can move through the same commercial workflow.
The new trust, GoodLeap Home Improvement Solutions Trust 2026-2, is backed by $434 million of principal balance, a larger pool than the $389 million securities transaction. The distinction is important: the underlying loan balance is collateral, not the size of the securitization. Bank of America sponsored the transaction, while Kroll Bond Rating Agency and Fitch Ratings rated it.
Securitization turns repayment streams from many individual projects into rated securities for capital-markets buyers. GoodLeap says it works with credit unions, insurers, banks and asset managers, putting its technology between professionals selling an upgrade and institutions supplying capital. This isn’t an equity round; investors are buying exposure to a pool of consumer loans.
The company says its platform has provided more than $38 billion of solar and other home-efficiency loans since 2018, reaching more than 1.7 million homeowners, while thousands of industry professionals use its software. The latest deal is GoodLeap’s 26th securitization overall and the sixth backed solely by home-improvement loans.
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